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The Hershey Company plans...

The Hershey Company plans acquisition of Scharffen Berger

27 Jul 2005
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Scharffen Berger is known for its high-cacao content, signature dark chocolate bars and baking products sold online and in a broad range of outlets, including specialty retailers, natural food stores and gourmet centers across the United States.

27/07/05 The Hershey Company, a leading snack food marketer and the largest North American confectionery company, has announced it has entered into an agreement to acquire Scharffen Berger Chocolate Maker, Inc., one of the fastest-growing premium dark chocolate companies in the United States. Based in Berkeley, California, Scharffen Berger is known for its high-cacao content, signature dark chocolate bars and baking products sold online and in a broad range of outlets, including specialty retailers, natural food stores and gourmet centers across the country. Scharffen Berger also owns and operates three specialty stores located in New York City, Berkeley, and San Francisco.

The acquisition is expected to be completed during the third quarter of 2005 and is subject to the customary closing conditions.

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